REI Lense

REI Lense

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$2,104 (target)

825 N Carter St, Greentown, IN 46936

3 beds • 3 baths • 1985 sqft

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This property might be a fair Mid-Term investment with a projected 7.79% first-year return on $47,778 initial cash invested.

7.79%

Cash On Cash

9.43%

Cap Rate

1.55

DSCR

$2,104

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,778

Downpayment

20%

$28,360

Closing costs

1%

$1,418

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,104

Total Expenses

$1,794

Mortgage P&I

34%

$720

Property Taxes

11%

$238

Home Insurance

6%

$122

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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